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HRM - correct ans:the organizational function responsible for attracting, hiring, developing, rewarding,
and retaining talent
, 6 HRM functional areas - correct ans:staffing, health/safety, performance management, employee
management relations, rewards/benefits, training/development
HRM systems influence performance - correct ans:improves efficiency, contributes to revenue growth,
increase employee understanding, develop enhance employee capabilities (helps employees
focus on things
HRM Systems influence performance of an organization - correct ans:-by improving organizational
efficiency
-contributing to revenue growth
-enhancing employee capabilities and talents(goal attainment)
-increase employee engagement
-ability to manage change
HRMs role in executing an organization's business strategy - correct ans:HRM policies and strategies
must match with competitive environment and immediate business conditions
Business Strategy - correct ans:defines how the firm will compete in the market
Talent Philosophy - correct ans:system of beliefs about how its employees should be treated
-diversity
-ethics
-time of careers
-viewment of employees
Employee Handbook - correct ans:document of the organization's HRM policies and procedures that
help employees learn the company's HRM (helps employees easily research topics)